- Crude Oil Trading | August 21, 2015
Oil crashed in the second half of last year, falling from over US$100 to below US$45 in Jan 2015. Many thought it was a great buy & piled in to oil stocks. Oil turned up & then back down to make a new low in March. Again bargain hunters came in & oil began a hefty rally, trading back to US$60. Oil prices have now crashed to new lows. What do the bargain hunters think now? Still a bargain?